$20K Content Contest
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A podcast growth strategy focused on incentivizing creators to repurpose podcast content through a monthly contest system.
Core Contest Structure
- $20,000 monthly prize pool
- Open access to raw video files from My First Million podcast
- Creators can freely edit and produce content
- Winners determined by most views on social platforms
Contest Requirements
- Must post content on Twitter or Instagram
- Content must be derived from podcast material
- Submissions tracked through social media posts
- Focus on creating viral/engaging clips
Expected Benefits
- Leverages creator community for content production
- Generates organic social media reach
- Creates multiple distribution channels
- Incentivizes high-quality content creation
- Builds community engagement through competition
Implementation Details
- Rolling monthly contest structure
- Criteria based on:
- View count
- Content quality
- Engagement metrics
- Open submission format allowing creative freedom
- No restrictions on content style or format
Distribution Channels
- TikTok
- Instagram Reels
- Other social platforms where video content performs well
This framework was inspired by a successful TikTok test that generated 100,000 views, suggesting potential for scaled implementation through a formal contest structure.
01:02:24 - 01:04:04
Full video: 01:09:41BW
Ben Wilson
Ex-Producer of MFM
Ex-Producer of the "My First Million" podcast and founder of Takeover Media and Host of the "How to Take Over the World" Podcast.